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Mexico urged to manage consequences of HSR project suspension

Updated: Feb 2,2015 2:08 PM     Xinhua

BEIJING — China’s top economic planner on Feb 2 urged the Mexican government to properly handle the aftermath of its suspension of a high-speed rail (HSR) project, which had affected Chinese enterprises.

A spokesperson from the National Development and Reform Commission said that China regretted Mexico’s decision to suspend the HSR project, which would have connected Mexico City with the central state of Queretaro.

Mexico needs to “value and properly cope with the huge manpower and money Chinese enterprises invested in the project bid, and carry out measures for further bilateral cooperation”, said the spokesperson.

Luis Videgaray, the Mexican minister of finance, on Jan 30 announced the project’s “indefinite” suspension, as well as canceling a proposed trans-peninsular rail line, after budget cuts.